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China, Shadow Fleet
‘Vast implications’: Sweeping US tanker sanctions hit China oil shipments harder than India
China’s imports of Russian crude have been more badly affected than India’s due to the uneven distribution of US sanctions, according to an analyst. Kpler principal freight analyst Matt Wright highlighted the differing impact of the latest blacklisting of 183 ships,
Putin Shadow Fleet's Sanctions-Hit Tankers 'Stranded' off China Coast
The vessels Mermar, Huihai Pacific and Olia carrying more than 2 million barrels of oil left Russian ports earlier in January.
Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions
The Group of Seven democracies has sought to crimp Russia's oil export earnings that help fund the war against Ukraine. But Western governments and sanctions experts say Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain ownership and safety practices that are dodging sanctions and keeping the oil revenue coming.
Russian 'shadow fleet' tankers carrying 2 million barrels of crude idling off China’s coast, Bloomberg reports
Three tankers carrying over 2 million barrels of Russian crude oil are floating off China's coast after they were hit by fresh U.S. sanctions last week, Bloombergreported on Jan. 13. The vessels are allegedly part of the so-called "shadow fleet,
Scott Bessent, China and Russia
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing
Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.
China response key to crude oil
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
Cost to Ship Russian ESPO Oil to China Triples After Sanctions
The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according to traders.
Sanctions triple Russian oil transport costs via shadow fleet
The cost of transporting Russian oil via the "shadow fleet" has tripled following implementing the latest American sanctions package, Bloomberg reported on Thursday, emphasising that, according to experts,
4h
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors ...
1d
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
8h
on MSN
U.S. sanctions Sudanese Armed Forces head
The United States has sanctioned the leader of the Sudanese Armed Forces, accusing Gen. Abdel Fattah al-Burhan of ...
18h
China Pounces on Russia's Fire Sale of Prized Assets
In December, Russia reportedly sold its stakes in certain Kazakh uranium deposits to Chinese-owned companies. This involved Kazakhstan's nuclear resources company, Kazatomprom, and Russia's Rosatom ...
1d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
The Associated Press - Business News on MSN
11d
China protests US sanctions for its alleged role in hacking, complains of foreign hacker attacks
Asked about the
sanctions
against Beijing-based Integrity Technology Group, Chinese Foreign Ministry spokesperson Guo ...
2h
TORM: A Key Beneficiary Of Tanker Sanctions With Potential Yield Above 40%
TORM could benefit from new sanctions, with a fair value of $35 per share, offering a 60% upside potential and a 40% ...
3d
on MSN
‘Enough is enough’: New report warns top US companies at risk of hefty fines from possible China sanctions
A new report warns that over 80 Fortune 100 companies are doing significant business in China and that they could face ...
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Russia
Bessent
United States Department of the Treasury
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